Member Info for laserdisc

Https://find-and-update.company-information.service.gov.uk/company/12157790/filing-history

Thanks for updates documebt avail this morning to view , the dcu,s are mentioned and very possible we will receive a payment looks like we will have to wait further September is next update

No not been doing shipwatching been busy moving house taken 2 years selling and finding right property, still holding sqz they did a bond issue this morning 7.87% was oversubscribed would have bought more sqz if hur dcu's had kept paying but thats how it goes keep well best regards laser

Next Progress Report: Expected by late June 2026 as i understand from previous posts

Https://www.serica-energy.com/downloads/releases/Serica%20-%20Trading%20and%20operations%20and%20update%2021-01-26.pdf

Thanks Corry for all your detailed posts I presume now we wait till April 26 to see what teneo says re the creditors position .

At this stage would it be reasonable to pencil in 50p in the pound for unsecured creditors or is that wild off the mark

Thank you ronwoking & Corryvreckan1 for your informative posts on this matter, it was kind of you both to post the detailedinformation ,I will read the documentation cheers Laser

Perhaps we could ask who

Independently valued the assets of Prax exploration were the tax losses valued into the price did they get any input from our dcu representative .how was the sale marketing done how many oil companies were approached

Thanks again as things stand i will probably now cease the ship watching

the daily production data from Oil and Gas Authority is not avail to me now as you have to register, all the links i have had for shipwatching in the past & now all need passwords , it was good whilst it lasted but understand all links are enforcing security

i will still post if i hear anything relative on the administration

Thanks Pisces21 last offload i had recorded was 23/9 so approx 340,000 could have been offloaded around 20th .

This In flow of cash will help the cause , lets hope enough funds are avail at this time to eventually pay all the dcu holders & unsecured creditors last updates from broker was 9th October They said When further information is available, we will send you an update.

Would you know name of tanker Thanks

Roughly around the 17th December Aoka mizu could be holding 500,000 b of oil so we could get an offload prior to Serica sealing deal

Serica rns this morning states

Update on acquisitions

• The acquisition of Prax Upstream is set to complete in mid-December, at which point

production from Lancaster, currently around 5,900 boepd, will be added to the Company

Thanks Ron i contacted iii this morning & now confirm to me , they have contacted the administrators with questions and are awaiting a response.

So at least i know the wheels are in motion

Agree Dive i am in contact with broker they said they will supply further info when a business decision has been made, my concern is we need to keep chasing i am reviewing every few weeks

Do we know the cut off date for creditor claims at this stage ?

2 e mail addresses here which i have extracted from the e mails on the adfn posts

To: Dcu.representative@prax.com

Subject: Re: Hurricane energy

praxcreditors@teneo.com

Dive please see over on Adfn thread, a few e mails have been sent, presume registering as a creditor & reply received from administrators.

Thanks for all the information, its looking bad ,even todays payment may not go through if they went in receivership yesterday

They say oil from lancaster expected till 1/4 3 2026

I reckon it moved away 10.30 this morning rough figures for me would be tanker left after taking on board approx 400000 b ofoil